technology-and-labor-market3.91 min read "The Rise of AI: Redefining Job Security for White-Collar Workers"
Experts warn that artificial intelligence (AI) is poised to disrupt the labor market, leading to the elimination of thousands of white collar and managerial jobs. Companies have cited AI as the reason for thousands of job cuts, with recent layoffs at Google-parent Alphabet, Duolingo, and UPS. While some companies are not explicitly blaming AI for layoffs, the impact of rapidly advancing AI adoption is being felt across sectors. AI-related job cuts are escalating, with generative AI programs like OpenAI's ChatGPT having the ability to produce content rivaling human-created work. While certain jobs are at high risk of being replaced by AI, there is also increasing demand for AI skills across a wide range of industries and geographies.
2 years ago•Source: Daily Mail
